The UK’s privatised railway has the highest rail fares in Europe and in advance of Parliament returning from recess this week, MPs from the RMT’s Parliamentary group have called for an urgent parliamentary inquiry into concerns foreign state owned companies are sucking profits from the UK privatised rail industry so that passengers in foreign states are benefiting from lower fares and better services at the expense of UK passengers.
PSI Asia Pacific - Utilities - Electricity - Water & Local Government Network Bulletin Blog - The below items are published as an internal PSI Bulletin monthly or you can follow by each post by e-mail.
Tuesday, 14 October 2014
RMT research shows the growing domination of foreign state owned rail companies over the UK’s railways.
http://www.rmt.org.uk/news/research-shows-three-quarters-of-uk-rail-now-foreign-owned/ The research shows that twenty of the UK’s twenty seven private rail
contracts, the equivalent of seventy four per cent, are now owned by
foreign state owned/ backed railways with the vast majority being from
France, Germany and the Netherlands.[i]
The UK’s privatised railway has the highest rail fares in Europe and in advance of Parliament returning from recess this week, MPs from the RMT’s Parliamentary group have called for an urgent parliamentary inquiry into concerns foreign state owned companies are sucking profits from the UK privatised rail industry so that passengers in foreign states are benefiting from lower fares and better services at the expense of UK passengers.
The UK’s privatised railway has the highest rail fares in Europe and in advance of Parliament returning from recess this week, MPs from the RMT’s Parliamentary group have called for an urgent parliamentary inquiry into concerns foreign state owned companies are sucking profits from the UK privatised rail industry so that passengers in foreign states are benefiting from lower fares and better services at the expense of UK passengers.
